VEBLEN: PIONEER OF OPEN ECONOMIC REALITY

Veblen and Darwinism

The aim of this article is to show how Veblen understood and applied Darwinian principles to his analysis of the evolution of socio-economic institutions. At the core of Darwinism is a commitment to causal explanation, which Veblen adopted while not undermining his appreciation of the distinctively purposeful nature of human action. In addition, Veblen applied the Darwinian principles of variat...

Veblen on Projective Relativity 191 Veblen on Projective Relativity

This book by Professor Veblen is a result of a series of lectures given at the University of Göttingen during the summer of 1932. I t deals with that new aspect of the theory of relativity which is often called projective relativity on account of its relation to projective geometry. I t allows a unified theory of the gravitational and the electromagnetic field, and, though it is not referred to...

Economic psychology and fashion marketing theory: Appraising Veblen#'s theory of conspicuous consumption

The study here serves to examine customer choice and firm profitability outcomes from the conjoining of four perspectives: economics, fashion, marketing, and psychology. This article describes core tenets of fashion marketing theory (FMT) from the perspective of economic psychology. The study here is unique and valuable in proposing empirically testable hypotheses that follow from FMT and in de...

Veblen Hierarchy Grzegorz

The Veblen hierarchy is an extension of the construction of epsilon numbers (fixpoints of the exponential map: ω = ). It is a collection φα of the Veblen Functions where φ0(β) = ω and φ1(β) = β . The sequence of fixpoints of φ1 function form φ2, etc. For a limit non empty ordinal λ the function φλ is the sequence of common fixpoints of all functions φα where α < λ. The Mizar formalization of th...

SERIE RESEARCH RIEmORRHDR ECONOMIC REALITY THE PROBLEM OF THE RELATION BETWEEN ECONOMIC SCIENCE AND REALITY